Man guilty of lying to police about 拢1.6m Bermuda theft

Image source, Wales News Service

Image caption, Paul Charity (left) and Joel Ismail (right) were both cleared of money laundering offences

Two men connected to a 拢1.6m theft from the Government of Bermuda have been cleared of money laundering offences.

Paul Charity, 52 and Joel Ismail, 42, both from Leicester, were found not guilty following a trial at Cardiff Crown Court.

Charity was instead convicted of hiding information from police investigating the theft.

He will be sentenced with Jeffrey Bevan, 50, from Cwmbran who previously admitted his involvement in the case.

He pleaded guilty to three counts of transferring criminal property and 10 counts of converting criminal property.

Sentencing will take place on 16 February.

Image source, Getty Images

Image caption, Bermuda is a British overseas territory situated about 1,800 miles off the east coast of America